Economics

Abkhazia

Why are pensions in Abkhazia so low? Officials explain

Abkhazia

September 21, 2026

Pensions in Abkhazia, including all basic and supplementary payments, amount to around $65 a month. It is impossible to live on this amount.

Azerbaijan

Azerbaijan’s 2027 budget: how will fall in oil revenues be offset?

Azerbaijan

September 21, 2026

State budget revenues from the oil and gas sector are forecast to decline, while tax revenues are expected to increase

Georgia

US court orders Georgia to pay $350m over halted Namakhvani HPP project

Georgia

September 17, 2026

Details of the dispute that led to international arbitration between Georgia and Turkish company ENKA.

Armenia-EU

Preferential regime for Armenian exports to EU in response to Russian restrictions

Armenia-EU

September 16, 2026

The European Parliament has approved temporary preferential trade terms for Armenia. The measures will cover around 80% of Armenian exports to the EU. Details of the decision and expert analysis.

Money transfers from Russia to Georgia plunge 88%, dropping from third to 11th place

Georgia-Russia

September 16, 2026

A new EU sanctions package against Russia was followed by the suspension of money transfers to Georgia by Russian payment system Zolotaya Korona.

Trump Tower project unveiled in Tbilisi

Georgia-USA

September 16, 2026

The 62-storey skyscraper will be part of the Downtown Tbilisi complex on the site of the former hippodrome. Eric Trump addressed participants by video

Azerbaijan factory workers complain of ‘up to 16-hour shifts’

Azerbaijan

September 15, 2026

Employees report long working hours, a monthly salary of $235 that has remained unchanged for three years, and other problems.

Armenian and Turkish business leaders call for borders to reopen. Is it likely to happen?

Armenia-Turkey

September 08, 2026

Political analyst Robert Ghevondyan says significant progress requires resolving political issues first, particularly those with Azerbaijan

Social assistance is shrinking in Azerbaijan: Is poverty falling, or are low-income people losing support?

Azerbaijan

September 03, 2026

According to the State Statistics Committee, the number of families receiving assistance fell by 1,400 from a year earlier, while the number of recipients fell by 4,000

Georgia's central bank explains how new transfer restrictions for people over 60 will work

Georgia

September 01, 2026

The restrictions will not apply to regular payments and transactions.

Salaries rise 7% while house prices climb 12.4%: Is it worth buying home in Azerbaijan?

Azerbaijan

August 31, 2026

Someone earning the country's average salary would have to save their entire income for 12 and a half years to afford an average-priced flat.

Why is Russian tourist boom in Abkhazia giving way to falling demand? Video from Pitsunda 

Abkhazia

August 27, 2026

Prices now rival Turkey and Egypt, while power and water outages persist and service often fails to match the cost.

Lachin meeting: How close are Azerbaijan and Armenia to integrating their power grids?

Armenia-Azerbaijan

August 27, 2026

On 25 August, representatives of the Azerbaijani and Armenian energy authorities met in Lachin.

Terabank sale: Armenian businessman, Georgian bank and possible Russian link

Armenia-Georgia

August 26, 2026

Arins Group, owned by Armenian businessman Karen Safaryan, is buying Georgia's Terabank and the Biltmore Hotel in Tbilisi.

Tourism support package: Can Azerbaijan reach its target of 3.8 million visitors?

Azerbaijan

August 26, 2026

In 2026, arrivals from the Gulf countries fell by 31.4%, while hotel overnight stays declined by 8.3% and hotel revenues by 3.8%

Geostat: Foreign investment in Georgia reached $1.9bn in 2025

Georgia

August 17, 2026

That is almost 19.3% higher than the previous year

Judges vs ordinary pensioners in Azerbaijan: what the law and figures show

Azerbaijan

August 15, 2026

A judge’s pension is 23 times higher than the minimum pension and 12–13 times higher than the average pension. Yet judges are taking the government to court, demanding even higher payments

Fuel supplies from Tbilisi-controlled territory to Abkhazia: humanitarian aid or move in Russia's interests?

Georgian-Abkhaz conflict

August 13, 2026

Government position, opposition criticism and expert views

Georgian PM confirms 'fuel was supplied to occupied Abkhazia from Tbilisi-controlled territory'

Irakli Kobakhidze

August 12, 2026

The opposition believes the move may have been carried out in Russia's interests.

Ilham Aliyev's AzTV interview during Nakhchivan visit: industrial park, energy projects and Zangezur Corridor

Azerbaijan

August 12, 2026

The visit focused on Nakhchivan's socio-economic development, energy security, transport infrastructure and a unified approach to the region's development

Iranian companies operating in Georgia up 510% since 2012 – EPRC

Georgia-Iran

August 11, 2026

This growth has not been matched by an increase in investment, raising questions among experts.

First digital bridge beneath Caspian Sea: How Sumqayit-Aktau cable reshapes Eurasia's geostrategic landscape

Azerbaijan

August 07, 2026

A historic milestone has been reached beneath the Caspian Sea with the completion of the subsea section of the Sumqayit-Aktau Trans-Caspian fibre-optic cable.

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